During his 2012 campaign for re-election, President Obama and his team accused Mitt Romney of "betting against America" for investing in offshore accounts. If Mr. Romney "bet against America," so did the family of Penny Pritzker, Mr. Obama's nominee for commerce secretary.
Even after taking new hits to its stock price, Apple Inc., remains the most valuable corporation in the world. That makes some senators green with envy. They assume such success could only have come at a cost to the government.
Apple is finally opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders over two years.
Red River Computer Co., which resells Cisco, Apple and Dell computers to the government, is a company with only 68 employees, yet it paid its top executives more than $5 million in 2011, including $1.2 million to its CEO, Richard Bolduc.
Exxon Mobile unseated Apple Inc. as the world's largest company Wednesday, after the technology giant's steep slide in shares knocked it down to second place.
State-owned China Telecom Corp. said Wednesday that profit fell 9.5 percent last year because it spent more to market the iPhone as it battled rivals for higher-paying customers.
Wal-Mart Stores Inc. is expanding a test of a new checkout program that allows shoppers to scan items with their smartphones while they're in the aisles and then pay at self-checkout terminals.
Andy Rubin has stepped down as the executive in charge of Google's Android operating system for smartphones and tablet computers, ending a seven-year reign that reshaped the technology industry.
Samsung Electronics is taking to the Big Apple to reveal its next big challenge to Apple Inc.: a successor to its top-selling Galaxy S III smartphone.
